338 Comments
- marabout40, on 07/10/2008, -23/+215Ain't that some *****? This SOB calling us "whiners" and telling us this is a "mental recession?"
You know how you can't afford to gas up your car any more? You know how the value of your home has gone down 20%? You know how just in the first half of this year 343,000 people have lost their homes to foreclosures and 450,000 people have lost their jobs? You know how last month was the worst month for the stock market since the 1930's? You know how the cost of food has increased in some cases 110%? You know how 50,000 Americans are without healthcare? You know how our dollar is weak and inflaction high? You know how all those economic scholars say we're in a recession?
Well guess what? It's all in your effing mind people! There's no recession! Now stop the whining, suck it up and go about the business of not having a job, not being able to buy gas, losing your home, being sick and unable to afford healthcare, seeing your child's future fade before your eyes. Bunch of freaking whiners and hallucinators. STFU. John McCain and his cronies says it's all "psychological."
I'd suggest you go see a shrink but you wouldn't be able to afford it would ya? - DJShay, on 07/10/2008, -7/+124I guess that $200.00 grocery bill that used to be about $140.00 is all in my head.
- dagnabbit, on 07/10/2008, -14/+110Out. Of. Touch.
- marabout40, on 07/10/2008, -4/+69BTW, that was supposed to be 50,000,000 Americans without healthcare. I was so mad, I forgot the other 3 zeros. :D
- AlexBurgess, on 07/10/2008, -12/+67McSame and Gramm: Dumb and Dumber.
- alpox, on 07/10/2008, -4/+55People will be pleased to know that Phil Gramm is his *economics* adviser.
- WAAngel, on 07/10/2008, -6/+54They don't even know we exist...much less that we may be actually hurting. No recession?? I wish just once those bastards had to live on $1200. a month and still make house payments and eat!
- sheetrock, on 07/10/2008, -6/+49My suggestion for the next presidential debate:
Dress everything up like it's a game show -- smarmy host, LED screens on the podiums, buzzers... the whole nine yards.
Then for the next hour or so, cart out items that regular people have to buy for themselves on a daily or weekly basis and have them guess at the prices.
I'd watch it. Of course, cable television really sucks lately. - dagnabbit, on 07/10/2008, -5/+46"One of Senator McCain’s top economic advisors may think that when people are struggling with lost jobs, stagnant wages, and the rising costs of everything from gas to groceries, it’s merely a ‘mental recession’. And Senator McCain may think it’s sufficient to offer energy proposals that he admits will have mainly ‘psychological’ benefits. But the American people know that our economic problems aren’t just in their heads. They don’t need psychological relief -- they need real relief -- and that’s what Barack Obama will provide as President," Obama spokesman Bill Burton writes.
BTW, Gramm has been mentioned as a possible treasury secretary if McCain becomes President. Dear God let the media finally pick up one of these campaign gaffes. Where were they this week when McCain said social security is a disgrace?
http://www.youtube.com/watch?v=NCOtRAJef9Q - lncb2u, on 07/10/2008, -6/+38Yum, it's McCain who is in a "mental recession"!
- rharrie, on 07/10/2008, -4/+33Phil Gramm, the genius who helped screw up the global financial system with his corrupt deregulation legislation, could end up in charge of US economic policy if McCain is elected President. The Obama campaign should take this opportunity to shed some light on Phil and Wendy Gramm and how they've made millions scamming us whining Americans.
- jlhoben, on 07/10/2008, -8/+35Eat cake slaves.
- catcher6250, on 07/10/2008, -6/+32Phil Gramm, please, go ***** yourself.
- pchika, on 07/10/2008, -7/+31Yeah, that's ***** alright. Repubs can't offer us anything except tell us to eat *****.
- wp2007, on 07/10/2008, -5/+29By the way: "About one percent" growth is NOT good. Anything less than three percent per year is subpar/recession territory, anything less than two percent per year is Great Depression territory. (The average growth rate, per Irvin Kellner of Marketwatch, for the period 1929 through 2004 -- a period that includes the Great Depression -- was 3.6%. That should tell you something.)
- inactive, on 07/10/2008, -8/+31I'm a white, bitter, gun toting, bible carrying guy that's voting for Obama because of sh*t like this. Screw you McCain. The price of fuel, food, utilities, and other necessities going up between 30% and 70%, while my wages remain flat, is NOT in my head. The fact that my house has lost 1/4 of it's "value" is NOT in my head. The fact that you want to let the crooks keep robbing us, but want to do NOTHING useful about alternative energy, Social Security, or even the national infrastructure means I'm not voting for you.
- InetRoadkill, on 07/10/2008, -3/+26This from a man that's largely responsible for the energy price crisis ala the Enron loophole, and who pushed changes thru congress before bailing from the senate and becoming a lobbyist that set the stage for the mortgage meltdown.
- DJShay, on 07/10/2008, -1/+23The Presidential Price is Right :-)
- Chebsi, on 07/10/2008, -7/+29So he's basically saying "Let them eat cake" in a more modern way.
- thirdcoastborn, on 07/10/2008, -4/+25McCain will never become the leader of this country. If more than half this country wants to vote him in then they deserve what's going to happen to their dumb asses.
- EarlOfLade, on 07/10/2008, -3/+24This is what you get when you leave it to a bunch of geriatrics and bankruptcy specialists.
Understands nothing and runs the country into a ditch, then blames the road. - ConfirmedCynic, on 07/10/2008, -8/+28Translation: we'll do whatever the ***** we want to the country. We'll gut the workforce, we'll ship jobs out of the country, we'll lower taxes for the ultrawealthy to make them even wealthier and help them own your asses. We'll spy on you and send in the police to suppress any dissent. We'll make sure the concentration of assets and capital reaches proportions not seen since the time of monarchies. We'll build internment camps in the country, shred the Constitution and run illegal wars to fatten our bloated purses further, all the while mortgaging the future of your offspring with enormous war-begotten deficits. Oh, and if you don't like it... you're WHINERS.
- kraetos, on 07/10/2008, -4/+22I mean, he's technically right, we aren't in a recession, the GDP is growing.
But he's wrong in principle. We could be in a recession by the time the next president takes office. The economy is weak and getting weaker, and all he has to say about it is "we're a bunch of whiners." And Obama is the elitist. Right. - trog69, on 07/10/2008, -4/+21Here in Bizarroworld, Phil Gramm, champion of the poor gajillionaires suffering under this oppressive system of government we've had for 233 years, is planning big changes, once the contract with Diebold has been inked.
- trog69, on 07/10/2008, -4/+19Sorry to doubt your word, Dibou, but who exactly is benefitting from the "growth" you're trumpeting? Every possible indicator of the real economy shows real problems.
- growler1, on 07/10/2008, -3/+18"Democrats can't, either. Don't think they're any better."
Yeah, but they haven't been running the country for the last 7 years. - tkstock, on 07/10/2008, -3/+17Listen to all the whining on this thread - the guy was right!!
All day I listen to excuses why people can't work -
"My back hurts. My legs ache. I'm only four!"
He's gotta learn that life's doesn't come on a silver platter. - growler1, on 07/10/2008, -3/+17GOP response:
You can always eat cake. - ShellShock11, on 07/10/2008, -3/+17/waits for Olbermann special comment.
- deleo, on 07/10/2008, -9/+23For McCain Country Club Republicans life is still pretty good. Maybe the hedge fund is down a little, but their oil stocks are up, and their taxes are lower than most everyone else.
- Drahkar, on 07/10/2008, -2/+15@superkendall
You sir need to take a moment to remove your head from your ass.
While it is important for people to be responsible with their money, we are not talking about a $1/gallon increase. We are talking about a $3/gallon increase since this whole mess started. Not only that but a major increase in taxes as well as general cost of living while jobs are being cut and variable mortgages are spiking up in cost.
You sound so holier than thou now. How about you get laid off due to company cutbacks and can't find another job due to this recession that we ARE in and see what tune you are singing. I'm willing to bet you wouldn't be so quick to defend McCain's comments. - InetRoadkill, on 07/10/2008, -1/+14OH GOD NO! Not Phil Gramm as treasury secretary. Gramm is a bought and payed-for lobbyist whose stint on the banking committee set the stage for the mortgage meltdown. He is as corrupt as they get --- almost a bad as Cheney.
- krnldmp, on 07/10/2008, -3/+16Would he prefer the real flying knuckles of real Americans in his eyes, nose, and jaw instead. Would that help him generate a little real respect for real problems?
- verivalta, on 07/10/2008, -1/+13It actually depends on where you live. In a rural area you could own a house on that no problem. In a city area, not so much. I'm very realistic that my 2k a month could afford me a much better place to live in a rural area, but odds are if I actually lived there, I wouldn't be making as much.
- mgraham80, on 07/10/2008, -5/+17Read Phil Gramm's full quote, douchebag. Gramm is talking about economic conditions in general, of which inflation is an important part.
- archiesteel, on 07/10/2008, -2/+14"They've had their chances the past 3+ years, and they've done nothing but capitulate."
Considering they don't have the numbers to overturn Bush's vetoes, you can't honestly say that they've "had their chances." They haven't. - growler1, on 07/10/2008, -4/+15"It's not a recession!"
"The Iraqis want us there!"
"Waterboarding isn't torture!"
"There is no global warming!"
"Evolution isn't fact!"
--Did I miss any? - j0se, on 07/10/2008, -4/+15or my gas that used to be $60 is now $85 to filling my tank.
- jimmies, on 07/10/2008, -2/+13Do you have your head in the sand? The stock market has been taking a BEATING. Even the best money managers (outside of oil speculators) are losing their asses this year.
- lundeja, on 07/10/2008, -5/+15At least we aren't bitter though, right?
- inactive, on 07/10/2008, -0/+10"Homosexuals are icky!"
- wp2007, on 07/10/2008, -6/+16Wrong. For one thing, real wages have nosedived under Bush, and growth of less than two percent per year is Depression "growth". Gramm's admitted that we're only "growing" at "about" one percent per year. That's depths-of-the-Depression "growth".
By the way, average yearly growth rate during the 75 years from 1929 to 2004 was 3.6%, as Irwin Kellner of Marketwatch mentioned in 2004:
http://www.marketwatch.com/News/Story/Story.aspx?g ... - katierosekills, on 07/10/2008, -6/+15Between Obama's FISA vote and Gramm's lack of recession acknowledgement, I feel like today is a completely depressing day in politics. ***** no matter what.
- MacEnvy, on 07/10/2008, -2/+11Phil Gramm, proud author of the "Enron Loophole" (and current McCain economic advisor).
- inactive, on 07/10/2008, -0/+8no, his SENIOR ECONOMIC ADVISOR did
- Budkin, on 07/10/2008, -8/+16Landslide victory for Obama. Book it.
- Sandtiger, on 07/10/2008, -2/+10If I had a wife that was a multibillionaire and didn't have to show up to work but 20% of the time like he does...
- CaptMonkey, on 07/10/2008, -1/+8Unfortunately, the people saying we're not in a recession are using a little clever manipulation, like using the most optimistic figures for inflation. It turns out, if you use the Bureau of Labor Statistics or the personal consumption expenditure figures (both from the Commerce Department) we've seen negative growth in the 4th quarter of 2007 and the 1st quarter of 2008 (by about -1%, but negative, none the less). But I'm sure everyone painting the rosy pictures of a strong economy are well-meaning and had no idea about those figures...
source: http://www.marketoracle.co.uk/Article4575.html - krnldmp, on 07/10/2008, -0/+7People with accounts in Grand Cayman and Abu Dhabi that are in business you've never heard about are doing really well.
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